Greathouse Foundation is a private foundation based in Abilene, Texas, established in 1997. The foundation operates as a 501(c)(3) nonprofit organization with a focus on supporting operations, services for disabled individuals, educational programs, and community initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.7M
-2.9% YoY
Annual Giving
$767K
-7.8% YoY
Grant Count
73
-3.9% YoY
Avg Grant Size
$11K
-4.0% YoY
Mission & Focus Areas
The foundation's primary funding priorities include:
- Support for operations of nonprofit organizations
- Services and support for disabled individuals
- University of Oklahoma and Oklahoma University programs
- Christmas programs
- Historic preservation and historic building renovations
- Wildlife and zoological programs
- Human services
- Education and philanthropy
Grantmaking
The foundation distributed approximately $417,485 across 41 additional grants in 2023.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, Oklahoma, and Virginia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $9,956,027
- Total revenues: $1,319,446
- Total expenses: $932,579
As of 2024:
- Total assets: $9,668,663
- Total giving: $767,200
The foundation operates with no employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,668,663 | $9,956,027 | $9,566,046 |
| Revenue | $574,799 | $1,319,446 | $456,909 |
| Expenses | $859,049 | $932,579 | $995,571 |
| Qualifying Distributions | $841,200 | $905,863 | $967,471 |
| Net Investment Income | $590,155 | $1,310,952 | $466,649 |
| Distributable Amount | $1,005,484 | $861,633 | $886,901 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Dewayne Chitwood — Vice President and Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL CANNON | SECRETARY | 1 | — |
| DEWAYNE CHITWOOD | VP & EXEC DIR | 1 | — |
| CARL S COOK JR | TREASURER | 1 | $500 |
| ROBERT W RICHARDS | ASST. TREASURER | 1 | — |
| SHARON MCDONALD | PRESIDENT | 1 | $1,000 |
| MICAH GREATHOUSE | VICE PRESIDENT | 1 | $1,000 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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